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Tag: Altfi

Revolut Introduces “Mobile Wallets” for International Money Transfers

Revolut has introduced "mobile wallets" to enhance international money transfers. This new service enables users to send money abroad using the recipient's essential information, including...

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5 Tales from the Crypto: M&A, CBDCs, Banks, Bonds, and the Blockchain

Canadian Crypto Combo: A trio of Canada-based cryptocurrency exchanges announced plans to merge into a single entity. Vancouver-based WonderFi, along with Toronto-based Coinsquare...

A deep dive into the UK crypto regulatory session – AltFi

OptionsDifferent LendingDigital BankingFinancial savings and FundingCryptoThe present crypto regulatory frameworks within the UK and different nations might be thought-about insufficient for each defending...

Revolut Introduces Crypto Staking to UK and EEA

Customers in the United Kingdom and the European Economic Area (EEA) may now participate in crypto staking thanks to the neo-banking platform Revolut, which...

Revolut To Roll Out Crypto Staking Service for Ethereum (ETH), Cardano (ADA) and Two More Altcoins: Report

UK-based banking app Revolut is soft-launching customer crypto staking for four prominent altcoins. According to a new report by Altfi, London-based Revolut is introducing crypto staking...

Revolut To Offer High Yield Staking in UK and EEA

Revolut will offer cryptocurrency staking to UK and EU consumers (EEA) Polkadot, Tezos, Cardano, and Ethereum can be staked on Revolut Revolut has...

Finovate Global Australia: CBA Launches Tech Hub, ANZ Plus Reaches 100K Customer Milestone, Aussie Regulators Target AMEX

Commonwealth Bank of Australia Launches Tech Hub in Brisbane Over the summer, Australia’s Commonwealth Bank (CBA) unveiled its latest technology hub in Melbourne....

Small Business Banking Provider Tide Acquires Funding Options

Small business banking platform Tide has agreed to acquire lending marketplace Funding Options.Tide will integrate Funding Options’ loan matching technology into its own...

Oh Canada! OneVest Secures $3.9 Million; Square Loans Arrives; CBDCs Garner Political Opposition

This week on Finovate Global we’re taking a look at some recent fintech developments in Canada. On the fundraising front, embedded wealth management platform OneVest announced a $3.9 million (CAD $5 million) seed funding round this week. The investment was led by Luge Capital and takes the Canadian fintech’s total funding to $5.5 million (CAD Read more...

The post Oh Canada! OneVest Secures $3.9 Million; Square Loans Arrives; CBDCs Garner Political Opposition appeared first on Finovate.

LendInvest chair Faes to set up crypto mining operation in Texas

LendInvest co-founder Christian Faes has corralled tens of millions of dollars for a new crypto mining venture.

The post LendInvest chair Faes to set up crypto mining operation in Texas appeared first on The Block.

Ford Inks 5-Year Deal with Stripe

Remember when Andreessen Horowitz’s Angela Strange said that every company will be a fintech company? Though there has been much debate over the now-infamous catchphrase, there is news this week from automaker Ford Motor Company that further proves its truth. Ford announced it has signed a five-year partnership agreement with ecommerce technology company Stripe. Ford Read more...

The post Ford Inks 5-Year Deal with Stripe appeared first on Finovate.

JP Morgan Taps Thought Machine to Replace Retail Banking Core

JP Morgan Chase announced this week it will replace its U.S. core banking suite with U.K.-based Thought Machine’s Vault. Founded in 2014,...

Chilean Fintechs Secure Millions; EBANX and Amazon Forge Payments Partnership

Fintech companies from Chile made headlines this week, taking their rightful place alongside the innovators in neighboring countries like Brazil, Colombia, and...

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